Employee Benefits Account Executive

Brown & Brown; Cincinnati (OH); On-site; USD 130,000 - 140,000; Full time

Benefits offered by this job

Health Benefits

401k

Student Loan Assistance

Tuition Reimbursement

Mental Health & Wellness Programs

Paid Time Off

Job summary

Brown & Brown is seeking an Employee Benefits Account Executive to join our Cincinnati team. You will manage a book of business around $1,000,000+, develop and maintain relationships with clients and carriers, and serve as the benefit expert on medical, life, disability, and other plans.

You will analyze plans, communicate funding alternatives, oversee RFPs and renewals, and ensure compliance with all regulations.

Qualifications

• BA/BS degree preferred.
• 5+ years of health & welfare experience.
• Client-facing experience in employee benefits.
• Technical knowledge of benefits administration and HealthCare Reform.
• Strong Excel, Word and PowerPoint skills.

Responsibilities

• Serve as the primary point of contact for clients and manage a book of business.
• Develop and maintain relationships with clients, prospects and carriers.
• Research, analyze, and evaluate health and welfare plans and communicate options to clients.
• Coordinate open enrollment and ensure regulatory compliance.
• Mentor junior team members and review work for accuracy.

Skills

Client-facing

MS Office skills

Time management

Detail-oriented

Critical thinking

Written and verbal communication

Independent work

Diligent follow up

Education

BA/BS preferred

Tools

BenefitPoint

AMS360

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking an Employee Benefits Account Executive to join our growing team in Cincinnati, OH!

The Account Executive interacts with clients on a day-to-day basis while developing and maintaining relationships with both client and carrier representatives to develop and execute on the client's benefit strategy. The Account Executive will research, analyze, and evaluate medical, life, disability and other benefit plans and serve as the benefit expert to clients. The Account Executive is the primary point of contact for clients and will have indirect supervision of team members, review work for accuracy and delegate work and projects to other members of the team to ensure client deliverables are timely and accurate. The Account Executive is responsible for revenue growth - client expansion - on their personal book of business and assisting producers and team with prospecting new clients, including proposal development.

The qualified candidate must have strong knowledge across the spectrum of employer-sponsored health & welfare related plans, including federal and state regulations that impact these plans.

How You Will Contribute:

• Subject matter expert on Health & Welfare Benefits, vendor/carrier products and services including, but not limited to, medical, dental, vision, life, disability, and voluntary
• Manage a book of business of approximately $1,000,000+
• Develop and maintain strong relationships with reference-ready clients, prospects, and carriers
• Keep clients apprised of appropriate industry trends and events, including all state and federal regulatory issues
• Proactively anticipate client needs and bring forward strategies to address their challenges
• Understand and utilize Risk Strategies resources and tools to maximize efficiency
• Project manage book of business including planning, delegating, and meeting deliverable timing
• Understand fundamental underwriting concepts in order to communicate funding alternatives, impact to rates, and cost drivers
• Manage request for proposals and renewals - negotiate with carriers and make recommendations to client
• Oversee open enrollment process for clients
• Ensure client is fully compliant with all regulations to which they are subject
• Accountability for all work product provided to client across the AE's book of business, including ensuring client updates are made within appropriate software (e.g., BenefitPoint, AMS360, etc)
• Review work, provide feedback and mentor junior team members

Licenses & Certifications :

• Life, Accident, and Health Insurance License
• GBA or CEBS Certification (preferred)

Skills & Experience to be Successful:

• BA/BS (preferred)
• 5+ years of health & welfare experience, meets, or exceeds, core practice competency-based skills
• Client-facing experience in the employee benefit industry
• Technical knowledge of benefits administration, HealthCare Reform, industry trends, carrier products and services
• Ability to work independently and anticipate client and team needs
• Effective time management
• Diligent follow up skills
• Ability to express ideas clearly in both written and oral communications
• Detail-oriented
• Advanced critical thinking skills
• Strong Microsoft Excel, Word and PowerPoint skills

Pay Range

$130,000 - $140,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

• Health Benefits : Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness : Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

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